USDJPY 2017-07-25

Jul 25, 11:35 am

as we see over our previous chart and as we advised yesterday

USDJPY continued short-run drop correction after breaking below 112.75 where market managed to met 110.60

market still showing ability for more drop to test support trend around 109.30-50 zone which in turn may activate another uptrend wave toward 115.00 zone

below 109.30 market will face another support at 108.10 which may activate a rebound correction toward 109.50

  Support Resistance
Level 1 110.60 111.15
Level 2 109.80 111.60
Level 3 109.30-50 112.40
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